Is Pricing Low Your Strategy to Success? Think again.Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

Industry Update

Genting's new resort to boost Las Vegas Strip, experts sayMany tourism and gaming experts expect Genting's decision to invest up to $7 billion to build a Resorts World complex at the site of an unfinished Las Vegas project to help boost the Strip. "I think we've turned conventional wisdom on its head today when you see the type of investment we have here with this Genting group. I think people will see that this is a part of the evolution of Las Vegas. It's a great opportunity, and it's on a part of the Strip that needs some help," Nevada Gov. Brian Sandoval said. VegasInc.com (Las Vegas)
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Linn County, Iowa, casino referendum passes with 61% of the voteLinn County, Iowa, voters approved a casino proposal by a group of investors in a referendum Tuesday. More than 60% of voters in the county voted in favor of the proposed gaming facility, which may cost up to $100 million. "This is not necessarily as much as a vote for the casino as it is a vote forward for Cedar Rapids and Linn County. There's an incredible amount of momentum. We've got a lot of great things going on in the community and this is another good step," said Steve Gray, a casino investor. KWWL-TV (Waterloo, Iowa)
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Gamblers could soon join self-exclusion program at N.J. racetracksProblem gamblers will soon be able to sign up for a self-exclusion program at racetracks in New Jersey, according to officials. The announcement is part of the state's Problem Gambling Awareness Month. "The process is still being developed ... but we are moving quickly with the cooperation of the Racing Commission to initiate the sign-up process at a location other than Atlantic City or Trenton," said David Rebuck, director of New Jersey Division of Gaming Enforcement. The Press of Atlantic City (N.J.)
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Whitepaper: SDN: How do you get there from here?Are the growing data needs of mobile, cloud, big data and social threatening today's enterprise networks? Scalable processes, a phased integration approach and the appetite to optimize over time are key components of a modern network. It's how agile organizations prepare for the data needs of tomorrow.Explore the whitepaper to start down the path toward SDN.

Tribal Gaming Spotlight

Judge issues injunction against Chippewa tribe's casino in Mich.The Sault Ste. Marie Tribe of Chippewa Indians has been ordered by a federal judge to halt the construction of its $245 million casino in Lansing, Mich. "Today's ruling is simply the first step in the legal process. At the end of the day, we expect to prevail because our 1997 federal Land Claim Settlement Act clearly gives us the right, and because of the substantial economic benefits the project will generate for the people of Greater Lansing and the members of our Sault Tribe," Sault Ste. Marie Tribe Chairman Aaron Payment said of the judge's decision. MLive.com (Michigan) (free registration)
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International Focus

Wynn expresses interest in building casino in TorontoWynn Resorts has written a letter to Toronto's city manager stating the company's interest in developing a destination casino in the city. "I am writing to you to make it clear that we would offer another option. That is to create a luxury resort and spa experience that will confirm Toronto as a major global tourist and convention destination, one that will integrate seamlessly into the urban fabric of the city while standing out as an architectural asset," said Gamal Aziz, Wynn Resorts Development president and chief operating officer. The Globe and Mail (Toronto) (tiered subscription model)
(3/5)

Download the definitive guide for human resource managers about gambling disordersDo you have questions about gambling disorders and the best resources to refer to employees? The National Center for Responsible Gaming (NCRG) developed a science-based guidebook designed just for human resource managers and employee assistance professionals titled "Gambling and Health in the Workplace." Visit the NCRG's website for a free download of this publication and one-page resource for employees.

Registration is now live for the G2E Asia conference programThe conference program for G2E Asia (May 21-23 at the Venetian Macao) is now live on our website at www.G2EAsia.com. The program will begin on May 21 with our popular Global Market Forum covering the latest updates on each market in the Asia Pacific Region. The program continues May 22-23 with a variety of subjects, including a CFO Roundtable with a number of Macau casinos represented. Register now for Asian gaming's No. 1 event.